asked 225k views
5 votes
Tonya opens a credit card in which the minimum monthly payment is 10%. Her current balance is $1,950, not including the finance charge, and the APR is 17.5%. Assuming she makes a payment of $300 this month, how much will the minimum monthly payment be for the next month?

asked
User MNZ
by
8.2k points

1 Answer

6 votes

The answer is $167.84 just took the quiz

answered
User YoungFrog
by
8.8k points

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